,,ii #aahth ,,congress #ast ,session ,s4 #cbfb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #h1 #bjbc ,mr4 ,manchin 7for himself1 ,mr4 ,romney1 ,ms4 ,sinema1 ,mr4 ,young1 ,mr4 ,hickenlooper1 ,ms4 ,lummis1 ,mr4 ,warner1 ,mr4 ,cornyn1 ,mrs4 ,shaheen1 and ,mr4 ,tillis7 introduced the following bill2 which was read twice and referred to the ,committee on ,rules and ,administration ,a ,,bill ,to establish a commission on fiscal stability and reform4 #a4 ,short title ,this ,act may be cited as the ,fiscal ,stability ,act of #bjbc4 #b4 ,definitions ,in this ,act3 7#a7 ,co-chair ,the term co-chair means an individual appointed to serve as a co-chair of the ,fiscal ,commission under section #c7;a77#b77;,c74 7#b7 ,direct spending ,the term direct spending has the meaning given that term in section #bej7;c7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijj7;c774 7#c7 ,discretionary appropriations ,the term discretionary appropriations has the meaning given that term in section #bej7;c7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijj7;c774 7#d7 ,fiscal ,commission ,the term ,fiscal ,commission means the commission established under section #c7;a77#a74 7#e7 ,implementing bill ,the term implementing bill means a bill consisting solely of the text of the implementing bill that the ,fiscal ,commission approves and submits under subparagraphs 7,a7 and 7,d71 respectively1 of section #c7;c77#b74 7#f7 ,outside expert ,the term outside expert means an individual who is not an elected official or an officer or employee of the ,federal ,government or of any ,state4 #c4 ,establishment of ,fiscal ,commission 7a7 ,establishment of ,fiscal ,commission 7#a7 ,establishment ,there is established in the legislative branch a ,fiscal ,commission4 7#b7 ,membership 7,a7 ,in general ,the ,fiscal ,commission shall be composed of #af members appointed in accordance with subparagraph 7,b7 and with due consideration to chairs and ranking members of the committees and subcommittees of subject matter jurisdiction1 if applicable4 7,b7 ,appointment ,not later than #ad days after the date of enactment of this ,act-- 7i7 the majority leader of the ,senate shall appoint #c individuals from among the ,members of the ,senate1 and #a outside expert1 who shall serve as members of the ,fiscal ,commission2 7ii7 the minority leader of the ,senate shall appoint #c individuals from among the ,members of the ,senate1 and #a outside expert who shall serve as members of the ,fiscal ,commission2 7iii7 the ,speaker of the ,house of ,representatives shall appoint #c individuals from among the ,members of the ,house of ,representatives1 and #a outside expert1 who shall serve as members of the ,fiscal ,commission2 and 7iv7 the minority leader of the ,house of ,representatives shall appoint #c individuals from among the ,members of the ,house of ,representatives1 and #a outside expert1 who shall serve as members of the ,fiscal ,commission4 7,c7 ,co-chairs ,not later than #ad days after the date of enactment of this ,act-- 7i7 the leadership of the ,senate and ,house of ,representatives who caucus with the same political party as the ,president shall appoint #a individual from among the members of the ,fiscal ,commission who shall serve as a co-chair of the ,fiscal ,commission2 and 7ii7 the leadership of the ,senate and ,house of ,representatives who caucus with the opposite political party as the ,president1 shall appoint #a individual from among the members of the ,fiscal ,commission who shall serve as a co-chair of the ,fiscal ,commission4 7,d7 ,period of appointment 7i7 ,in general ,the members of the ,fiscal ,commission shall be appointed for the life of the ,fiscal ,commission4 7ii7 ,vacancy 7,i7 ,in general ,any vacancy in the ,fiscal ,commission shall not affect the powers of the ,fiscal ,commission1 but shall be filled not later than #ad days after the date on which the vacancy occurs1 in the same manner as the original appointment was made4 7,,ii7 ,ineligible members ,if a member of the ,fiscal ,commission who was appointed as a ,member of the ,senate or the ,house ,representatives ceases to be a ,member of the ,senate or the ,house of ,representatives1 as applicable-- 7aa7 the member shall no longer be a member of the ,fiscal ,commission2 and 7bb7 a vacancy in the ,fiscal ,commission exists4 7,e7 ,member personnel issues 7i7 ,outside expert ,any outside expert appointed as a member of the ,fiscal ,commission-- 7,i7 shall not be considered to be a ,federal employee for any purpose by reason of service on the ,fiscal ,commission2 7,,ii7 shall serve without compensation2 and 7,,iii7 shall be allowed travel expenses1 including per diem in lieu of subsistence1 at rates authorized for employees of agencies under subchapter ,i of chapter #eg of title #e1 ,united ,states ,code1 while away from their homes or regular places of business in the performance of services for the ,fiscal ,commission4 7ii7 ,members of ,congress ,each member of the ,fiscal ,commission who is a ,member of the ,senate or the ,house of ,representatives shall serve without compensation in addition to the compensation received for the services of the member as a ,member of the ,senate or the ,house of ,representatives4 7#c7 ,administration 7,a7 ,in general ,to enable the ,fiscal ,commission to exercise the powers1 functions1 and duties of the ,fiscal ,commission1 there are authorized to be disbursed by the ,senate the actual and necessary expenses of the ,fiscal ,commission approved by the staff director of the ,fiscal ,commission1 subject to the rules and regulations of the ,senate4 7,b7 ,quorum ,a majority of the members of the ,fiscal ,commission who are ,members of the ,senate or the ,house of ,representatives1 not fewer than #c of whom were appointed to the ,fiscal ,commission by a ,member of the ,senate or the ,house of ,representatives who caucuses with the same political party as the ,president and not fewer than #c of whom were appointed to the ,fiscal ,commission by a ,member of the ,senate or the ,house of ,representatives who caucuses with the opposite political party as the ,president1 shall constitute a quorum4 7,c7 ,voting 7i7 ,in general ,only members of the ,fiscal ,commission who are ,members of the ,senate or the ,house of ,representatives may vote on any matter4 ,an outside expert serving as a member of the ,fiscal ,commission shall be a nonvoting member4 7ii7 ,proxy voting ,no proxy voting shall be allowed on behalf of any member of the ,fiscal ,commission on any matter4 7iii7 ,congressional ,budget ,office estimates 7,i7 ,in general ,the ,director of the ,congressional ,budget ,office shall1 with respect to the implementing bill of the ,fiscal ,commission described in subsection 7c77#b77;,a77i77,,ii71 provide to the ,fiscal ,commission-- 7aa7 estimates of the implementing bill in accordance with sections #cjh7;a7 and #bja7;f7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fci7;a71 #fja7;f772 and 7bb7 information on the budgetary effect of the implementing bill on the long-term fiscal outlook4 7,,ii7 ,limitation ,the ,fiscal ,commission may not vote on any version of the report1 recommendations1 or implementation bill of the ,fiscal ,commission under subsection 7c77#b77;,a7 unless the estimates and information described in subclause 7,i7 of this clause are made available for consideration by all members of the ,fiscal ,commission not later than #dh hours before that vote1 as certified by the co-chairs of the ,fiscal ,commission4 7,d7 ,meetings 7i7 ,initial meeting ,not later than #de days after the date of enactment of this ,act1 the ,fiscal ,commission shall hold the first meeting of the ,fiscal ,commission4 7ii7 ,agenda ,the co-chairs of the ,fiscal ,commission shall provide an agenda to the members of the ,fiscal ,commission not later than #dh hours before each meeting of the ,fiscal ,commission4 7,e7 ,hearings 7i7 ,in general ,the ,fiscal ,commission may1 for the purpose of carrying out this section1 hold such hearings1 sit and act at such times and places1 require attendance of witnesses and production of books1 papers1 and documents1 take such testimony1 receive such evidence1 and administer such oaths as the ,fiscal ,commission considers advisable4 7ii7 ,hearing procedures and responsibilities of co-chairs 7,i7 ,announcement ,the co-chairs of the ,fiscal ,commission shall make a public announcement of the date1 place1 time1 and subject matter of any hearing to be conducted under this subparagraph not later than #g days before the date of the hearing1 unless the co-chairs determine that there is good cause to begin such hearing on an earlier date4 7,,ii7 ,written statement ,a witness appearing before the ,fiscal ,commission shall file a written statement of the proposed testimony of the witness not later than #b days before the date of the appearance of the witness1 unless the co-chairs of the ,fiscal ,commission-- 7aa7 determine that there is good cause for the witness to not file the written statement2 and 7bb7 waive the requirement that the witness file the written statement4 7,f7 ,technical assistance ,upon written request of the co-chairs of the ,fiscal ,commission1 the head of a ,federal agency shall provide technical assistance to the ,fiscal ,commission in order for the ,fiscal ,commission to carry out the duties of the ,fiscal ,commission4 7b7 ,staff of ,fiscal ,commission 7#a7 ,in general ,in accordance with the guidelines1 rules1 and requirements relating to employees of the ,senate-- 7,a7 the co-chairs of the ,fiscal ,commission may jointly appoint and fix the compensation of a staff director for the ,fiscal ,commission2 and 7,b7 the staff director may appoint and fix the compensation of additional staff of the ,fiscal ,commission4 7#b7 ,detail of other congressional staff ,with the approval of the ,member of ,congress employing an employee of a personal office of a ,member of ,congress or a committee of the ,senate or the ,house of ,representatives1 such an employee may be detailed to the ,fiscal ,commission on a reimbursable basis4 7#c7 ,ethical standards 7,a7 ,senate ,members of the ,fiscal ,commission appointed by ,members of the ,senate and the staff of the ,fiscal ,commission shall adhere to the ethics rules of the ,senate4 7,b7 ,house of ,representatives ,members of the ,fiscal ,commission appointed by ,members of the ,house of ,representatives shall be governed by the ethics rules and requirements of the ,house of ,representatives4 7c7 ,duties 7#a7 ,improve fiscal condition 7,a7 ,in general ,the ,fiscal ,commission shall identify policies to-- 7i7 meaningfully improve the long-term fiscal condition of the ,federal ,government2 7ii7 achieve a sustainable ratio of the public debt of the ,federal ,government to the gross domestic product of the ,united ,states1 which shall be not more than #ajj percent1 by fiscal year #bjci2 and 7iii7 improve the solvency of ,federal programs for which a ,federal trust fund exists for a period of at least #ge years4 7,b7 ,requirements ,in carrying out subparagraph 7,a71 the ,fiscal ,commission shall propose recommendations that meaningfully improve the long-term fiscal condition of the ,federal ,government1 including-- 7i7 changes to address the current levels of discretionary appropriations1 direct spending1 and revenues and the gap between current revenues and expenditures of the ,federal ,government2 and 7ii7 changes to address the growth of discretionary appropriations1 direct spending1 and revenues and the gap between the projected revenues and expenditures of the ,federal ,government4 7,c7 ,recommendations of committees ,not later than #fj days after the date of enactment of this ,act1 each committee of the ,senate and the ,house of ,representatives may transmit to the ,fiscal ,commission any recommendations of the committee relating to changes in law to achieve the changes described in subparagraph 7,b74 7#b7 ,report1 recommendations1 and implementing bill 7,a7 ,consideration and vote 7i7 ,in general ,not later than ,may #a1 #bjbe1 the ,fiscal ,commission shall meet to consider1 and vote on-- 7,i7 a report that contains-- 7aa7 a detailed statement of the policies identified by1 and the findings1 conclusions1 and recommendations of1 the ,fiscal ,commission under paragraph 7#a72 7bb7 the estimate of the ,congressional ,budget ,office required under subsection 7a77#c77;,c77iii77,i72 and 7cc7 a statement of the economic and budgetary effects of the implementing bill described in subclause 7,,ii72 and 7,,ii7 an implementing bill to carry out the recommendations of the ,fiscal ,commission described in subclause 7,i77aa74 7ii7 ,approval of report and implementing bill ,a report and implementing bill of the ,fiscal ,commission shall only be approved under clause 7i7 upon an affirmative vote of a majority of the members of the ,fiscal ,commission who are ,members of the ,senate or the ,house of ,representatives1 not fewer than #c of whom were appointed to the ,fiscal ,commission by a ,member of the ,senate or the ,house of ,representatives who caucuses with the same political party as the ,president and not fewer than #c of whom were appointed to the ,fiscal ,commission by a ,member of the ,senate or the ,house of ,representatives who caucuses with the opposite political party as the ,president4 7iii7 ,single report and implementing bill ,it shall not be in order for the ,fiscal ,commission to consider or submit to ,congress more than #a report described in clause 7i77,i7 or more than #a implementing bill described in clause 7i77,,ii74 7,b7 ,additional views 7i7 ,in general ,a member of the ,fiscal ,commission who gives notice of an intention to file supplemental1 minority1 or additional views at the time of the final ,fiscal ,commission vote on the approval of the report and implementing bill of the ,fiscal ,commission under subparagraph 7,a7 shall be entitled to #c days to file those views in writing with the staff director of the ,fiscal ,commission4 7ii7 ,inclusion in report ,views filed under clause 7i7 shall be included in the report of the ,fiscal ,commission under subparagraph 7,a7 and printed in the same volume1 or part thereof1 and such inclusion shall be noted on the cover of the report1 except that1 in the absence of timely notice1 the report may be printed and transmitted immediately without such views4 7,c7 ,report and implementing bill to be made public ,upon the approval or disapproval of a report and implementing bill under subparagraph 7,a7 by the ,fiscal ,commission1 the ,fiscal ,commission shall promptly1 and not more than #bd hours after the approval or disapproval or1 if timely notice is given under subparagraph 7,b71 not more than #bd hours after additional views are filed under such subparagraph1 make the report1 the implementing bill1 and a record of the vote on the report and implementing bill available to the public4 7,d7 ,submission of report and implementing bill ,if a report and implementing bill are approved by the ,fiscal ,commission under subparagraph 7,a71 not later than #c days after the date on which the report and implementing bill are made available to the public under subparagraph 7,c71 the ,fiscal ,commission shall submit the report and implementing bill to the ,president1 the ,vice ,president1 the ,speaker of the ,house of ,representatives1 and the majority and minority leaders of each ,house of ,congress4 ,the report shall be referred to all committees of jurisdiction in the respective ,houses4 7d7 ,termination ,the ,fiscal ,commission shall terminate on the date that is #cj days after the date the ,fiscal ,commission submits the report and implementing bill under subsection 7c77#b77;,d74 #d4 ,expedited consideration of fiscal commission implementing bills 7a7 ,qualifying legislation 7#a7 ,in general ,only an implementing bill shall be entitled to expedited consideration under this section4 7#b7 ,single bill ,except as provided in subsection 7d71 it shall not be in order in the ,senate or the ,house of ,representatives to consider more than #a implementing bill4 7b7 ,consideration in the ,house of ,representatives 7#a7 ,introduction ,if the ,fiscal ,commission approves and submits an implementing bill under subparagraphs 7,a7 and 7,d71 respectively1 of section #c7;c77#b71 the implementing bill may be introduced in the ,house of ,representatives 7by request7-- 7,a7 by the majority leader of the ,house of ,representatives1 or by a ,member of the ,house of ,representatives designated by the majority leader of the ,house of ,representatives1 on the third legislative day after the date the ,fiscal ,commission approves and submits such implementing bill2 or 7,b7 if the implementing bill is not introduced under subparagraph 7,a71 by any ,member of the ,house of ,representatives on any legislative day beginning on the legislative day after the legislative day described in subparagraph 7,a74 7#b7 ,referral and reporting ,any committee of the ,house of ,representatives to which an implementing bill is referred shall report the implementing bill to the ,house of ,representatives without amendment not later than #e legislative days after the date on which the implementing bill was so referred4 ,if any committee of the ,house of ,representatives to which an implementing bill is referred fails to report the implementing bill within that period1 that committee shall be automatically discharged from consideration of the implementing bill1 and the implementing bill shall be placed on the appropriate calendar4 7#c7 ,proceeding to consideration ,after the last committee authorized to consider an implementing bill reports it to the ,house of ,representatives or has been discharged from its consideration1 it shall be in order to move to proceed to consider the implementing bill in the ,house of ,representatives4 ,such a motion shall not be in order after the ,house of ,representatives has disposed of a motion to proceed with respect to the implementing bill4 ,the previous question shall be considered as ordered on the motion to its adoption without intervening motion4 7#d7 ,consideration ,the implementing bill shall be considered as read4 ,all points of order against the implementing bill and against its consideration are waived4 ,an amendment to the implementing bill is not in order4 ,the previous question shall be considered as ordered on the implementing bill to its passage without intervening motion except #b hours of debate equally divided and controlled by the proponent and an opponent4 7#e7 ,vote on passage ,the vote on passage of the implementing bill shall occur pursuant to the constraints under clause #h of rule ,,xx of the ,rules of the ,house of ,representatives4 7c7 ,expedited procedure in the ,senate 7#a7 ,introduction in the ,senate ,on the day on which an implementing bill is submitted to the ,senate under section #c7;c77#b77;,d71 the implementing bill shall be introduced1 by request1 by the majority leader of the ,senate for himself or herself and the minority leader of the ,senate1 or by any ,member so designated by them4 ,if the ,senate is not in session on the day on which such implementing bill is submitted1 it shall be introduced as provided on the first day thereafter on which the ,senate is in session4 ,such implementing bill shall be placed on the ,calendar of ,business under ,general ,orders4 7#b7 ,proceeding ,notwithstanding rule ,,xxii of the ,standing ,rules of the ,senate1 it is in order1 not later than #b days of session after the date on which an implementing bill is placed on the ,calendar1 for the majority leader of the ,senate or the designee of the majority leader to move to proceed to the consideration of the implementing bill4 ,it shall also be in order for any ,member of the ,senate to move to proceed to the consideration of the implementing bill at any time after the conclusion of such #b-;day period4 ,a motion to proceed is in order even though a previous motion to the same effect has been disagreed to4 ,all points of order against the motion to proceed to the implementing bill are waived4 ,the motion to proceed is not debatable4 ,the motion is not subject to a motion to postpone4 ,a motion to reconsider the vote by which the motion is agreed to or disagreed to shall not be in order4 ,if a motion to proceed to the consideration of the implementing bill is agreed to1 it shall remain the unfinished business until disposed of4 ,all points of order against the implementing bill and against its consideration are waived4 7#c7 ,no amendments ,an amendment to the implementing bill1 a motion to postpone1 a motion to proceed to the consideration of other business1 or a motion to commit the implementing bill is not in order4 7#d7 ,rulings of the chair on procedure ,appeals from the decisions of the ,chair relating to the application of the rules of the ,senate1 as the case may be1 to the procedure relating to an implementing bill shall be decided without debate4 7d7 ,consideration by the other ,house 7#a7 ,in general ,if1 before passing an implementing bill1 one ,house receives from the other ,house an implementing bill consisting solely of the text of the implementing bill approved by the ,fiscal ,commission-- 7,a7 the implementing bill of the other ,house shall not be referred to a committee2 and 7,b7 the procedure in the receiving ,house shall be the same as if no implementing bill had been received from the other ,house until the vote on passage1 when the implementing bill received from the other ,house shall supplant the implementing bill of the receiving ,house4 7#b7 ,revenue measures ,this subsection shall not apply to the ,house of ,representatives if an implementing bill received from the ,senate is a revenue measure4 7#c7 ,no implementing bill in the ,senate ,if an implementing bill is not introduced in the ,senate or the ,senate fails to consider an implementing bill under this section1 the implementing bill of the ,house of ,representatives shall be entitled to expedited floor procedures under this section4 7#d7 ,treatment of companion measure in the ,senate ,if1 following passage of an implementing bill in the ,senate1 the ,senate then receives from the ,house of ,representatives an implementing bill consisting of the same text as the ,senate-passed implementing bill1 the ,house-passed implementing bill shall not be debatable4 ,the vote on passage of the implementing bill in the ,senate shall be considered to be the vote on passage of the implementing bill received from the ,house of ,representatives4 7e7 ,vetoes ,if the ,president vetoes an implementing bill1 consideration of a veto message in the ,senate shall be #aj hours equally divided between the majority and minority leaders of the ,senate or the designees of the majority and minority leaders of the ,senate4 7f7 ,constructive resubmission 7#a7 ,in general ,in addition to the expedited procedures otherwise provided under this section1 in the case of any implementing bill submitted under section #c7;c77#b77;,d7 during the period beginning on the date occurring-- 7,a7 in the case of the ,senate1 #cj session days2 or 7,b7 in the case of the ,house of ,representatives1 #cj legislative days1 before the date the ,congress adjourns a session of ,congress and ending on the date on which the same or succeeding ,congress first convenes its next session1 the expedited procedures under this section shall apply to such implementing bill in the succeeding session of ,congress4 7#b7 ,application ,in applying this section for the purposes of constructive resubmission1 an implementing bill described under paragraph 7#a7 shall be treated as though such implementing bill were submitted by the ,fiscal ,commission on-- 7,a7 in the case of the ,senate1 the #aeth session day2 or 7,b7 in the case of the ,house of ,representatives1 the #aeth legislative day1 after the succeeding session of ,congress first convenes4 7#c7 ,limitation ,the constructive resubmission under this subsection shall not apply if a vote with respect to the implementing bill was taken in either ,house in a preceding session of ,congress4 #e4 ,funding ,funding for the ,fiscal ,commission shall be derived from the contingent fund of the ,senate from the appropriations account ,miscellaneous ,items1 subject to the rules and regulations of the ,senate4 #f4 ,rulemaking ,the provisions of section #d are enacted by ,congress-- 7#a7 as an exercise of the rulemaking power of the ,senate and the ,house of ,representatives1 respectively1 and1 as such1 the provisions-- 7,a7 shall be considered as part of the rules of each ,house1 respectively1 or of that ,house to which they specifically apply2 and 7,b7 shall supersede other rules only to the extent that they are inconsistent therewith2 and 7#b7 with full recognition of the constitutional right of either ,house to change such rules 7so far as relating to such ,house7 at any time1 in the same manner1 and to the same extent as in the case of any other rule of such ,house4